$FCEL gap reversal trade game plan $FCEL gap down cause of bad Q4 earnings, now is heading towards a high valued price at 4.47$, be ready for huge buying pressure if we visited this area .
Gapfill
$DOCU - Coiling Under the GapThis ticker has the potential to make an extremely explosive move over the coming weeks. Price is slowly and steadily increasing while also tightening, meaning we're due for a move.
I'm biased to play this name towards the downside, but the volume gap above CANNOT be ignored. A break of 164 can aggressively send us upwards for the gap fill, resulting in some INSANE profits.
Will keep this one on the watchlist, and will let price dictate how I play it.
Gap in ESI don't know how to build the same chart as I have in tradovate.
but you can see this 4672 area is now the top of the gap with 4644 as the bottom.
more short squeezes we could see the 4700 again.
4672 fails, back to balanced distribution.
TSLA - stars are aligned for a sustainable reboundI guess we can say that Elon's offloading 10% of his shares was in great part responsible for TSLA's plunge of nearly 29% in the recent weeks and it doesn't help that US markets have also been correcting during this period.
There are now a confluence of technical factors on Telsa' chart that gave conviction to Telsa's rebound yesterday:
Telsa finally hit into a strong support zone around 890-900 on Monday before staging a rebound on Tuesday. I suspect the worst is over for now.
How is this a strong support zone (890-900 region)? Due to a confluence of :
1. a horizontal "ressistence" turned support at 895
2. gap close at 900
3. 50% fibonacci retracement of the BC swing up
4. 100% of the AB retracement projected onto C
Incidentally it appears that Elon is also about done offloading his 10% and the US indices also staged a rebound. With so much aligned, I guess Telsa is looking brighter again in the coming days. :)
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
CHGG going for the gap fill!!!Might be a slow climb, but we are pushing up through resistance after resistance with volume picking up. Keep an eye on these levels!!!
Qcom Short to fill in the gap the thesis is that the stock is consolidating after a hard sell off in the previous gap and will continue to dip into the next gap. Simple, i also am bias because i think the money has left tech stocks. Please comment opinions down below to save me from my choices lol
TSLA into Dec OPEX with 38% of gamma expiring FridayTesla $TSLA has 38.25% of gamma expiring this Friday
Breach of 908/900 would fill gap lower to 895. Previous upside nine from Jan 885 could act as support. 875 is a previous upside nine on the daily from Oct 18, bottom of that range is 850/843 and lower Fib support is near 815. MACD / RSI currently over sold with ATR expanding after selling volume came in after recent ath print. It is worth noting that major players, institutions and commercial traders are avoiding the over head risk of Elon Musk selling shares. We would want to see bulls hold these support levels and then we could focus on upside resistance as key levels to break.
Depending on repositioning in the market post Dec OPEX we could see the stock reverse or continue the price downgrade cycle. With interest rates expected to hike + EV names being generally expensive in the market, anything can happen. It is best to size light and play Tesla with profits, always expect 0 if trading weeklies and try to enter at key levels. Best of luck trading!
When the stock doesn't hold the level containing the largest OI (1000 strike) You see dealers start to offload shares as the otm calls become less risk to them.
AMC -- The Road Up Goes Down, Part 3So, where are we headed? Well, the descending wedge that has formed points to the 8.392 fib @ $13.74. However, I do not see us playing out the entire wedge. That gold box seems like a reasonable zone to aim at, and I wouldn't be surprised to see a touch of $16.95 to satisfy the gap that remains from the June run, but at a minimum the golden zone sits just above the tip of the descending wedge.
I can imagine a scenario where such a move ignites volume, wakes up a latent demand zone which will look like a long wick on a daily candle when all is said and done.
$UPST - Gap Fill SuccessfulOver the past couple of days, $UPST has regressed heavily and filled the gap it made back in August.
With Fed meetings over, and the newly bullish momentum in the markets, this name is primed to make a hefty reversal.
We have a small handful of resistances overhead, but I'm confident we'll be able to surpass them given enough bullish volume .
If we run hot enough, we even have a huge gap to fill above 270! I'll be keeping a close eye on this one heading into the new year.
ONG swingtrading swing support Supply Zone gap gapfill reversal bottom
TSLA Shorting Waiting for filling the gap, once it will be filled, i am putting an short position.
NOT FINANCIAL ADVICE, ONLY FOR EDUCATIONAL PURPOSES
HD - WILL FILL THE GAPForming this wedge will fill the gap below.
Reaching 425 and 430 level is possible, before breakdown.
Bitcoin - CME Gaps - 06.12.2021Here are all current open gaps - status 06.12.2021
Lets see how fast the upper gap gets closed
TSLA - Will test the New ResistanceHello Traders, from 3 days sell off of TSLA it will test the new resistance (violet box) and will go down to fill the gap. I posted a Potential Reversal Zone (PRZ) of TSLA to fine where it is possible to go up again.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
* PRZ
* CRRECTIVE WAVE
Is this going to be filled?this remained unfilled. is it going to be filled and go straight up to 64 and 79? that's a 1K dollar question
$NZDUSD Can Finally Reverse And Rise For A CorrectionTraders, NZDUSD has been falling without any supports and has reached a level where it can finally stop, take a pause and reverse for an upward correction.
At this level:
1. It has past structure
2. 78.6 Fib
3. Gap which has now been closed after a period of more than 1 year!! :)
4. Extended M pattern completion
All these factors present us with a good opportunity for a long position. The trade idea is on daily time frame so it may be slow and can take days, possibly weeks.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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$DOCU with a big gap down after earnings...There is a weekly closing gap at 161.42 and below there is 150.60. If there is more bearish price action, these could be targeted by sellers.
$CRM - Day Trading the Overhead Volume GapWhile $CRM was in freefall we left a small volume gap overhead.
Given that we break the upper trendline around 262-263, we should make a quick trip up to 266 as we fill the gap above, allowing us to capture an easy 1.5% move.
Options will be extremely cheap tomorrow since it's Friday, making this the perfect day trade candidate.
CHWYs momentum is upBased on a simple inverse head and shoulders target complimented by Fibonacci price points CHWY may head to the upper 80s. There is also a gap to fill that coincides with that level.
ATVI: GOOD FOR A QUICK TRADEATVI:
I don't know where ATVI will be in 6 months but I like it now for a swing trade .
We're a bit oversold, the price is far from the 1st moving average and we have this gap, so I would expect some kind of bounce. If we don't get the bounce, it's fine, the support is quiet close, so we're not risking too much money.
My play would be a long trade from the current price with a profit target at 72.20.
Stop loss around 65.40.
Trade safe!
CRM Ready to Crash?CRM looks to have lost its bullish momentum. My guess is that it'll consolidate near the $312 resistance before ultimately falling to AT LEAST $287. My bold prediction is that it'll fall to $267 by Dec 10 and use the top of the gap as a support for a bounce but...Only Time Will Tell
PATH gapNice bounce off trendline support,
We could pick up calls tomorrow if stock looks bullish intraday,
There is a gap to be filled to the upside and price is squeezing inside symmetrical triangle.
Also, PATH was Motley fool's pick this month.
BTC head down to $55k and $60k to fill the gap#BITCOIN is back to fil the CME gap before weekend.
#BTC Made a new ATH on a news of High inflation.
People got greedy & start opening new longs at all time high.
🔥 Evergrande Bank default news came, Whales saw opportunity to Flush the late long position to reset the market.
🔥 ETF Rejection is temporary fud.
Quick sell off to $55k - $60k early next week before starting run towards $75K.
FDX gap opportunity FDX is entering into a gap to the upside,
Has great R:R
The problem is that UPS reports ER tomorrow morning,. and it can either drop or make the gap get filled easier.
